Budapest, Szinyei Merse u, Hungary, Budapest, Budapest, Hungary. - Hero Image
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Budapest
Budapest | Budapest

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Norbert Stahl
Norbert Stahl
Presented At
Ft197,000,000
Bedrooms
2
Bathrooms
1
Living
991
SQFT
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Budapest, Szinyei Merse u, Hungary, Budapest, Budapest, Hungary. - Photo 1
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Budapest, Szinyei Merse u, Hungary, Budapest, Budapest, Hungary. , Budapest , Budapest

Gorgeous penthouse apartment near Andrássy

Beautifully renovated, premium-quality, unique apartment with a terrace for sale in the Szinyei Merse House. The condominium, built in 2000, is located just a 2-minute walk from the UNESCO Heritage Andrássy Avenue and Kodály Körönd, in an excellent location, and was constructed with high-quality standards. The building features two 24-hour receptions, and the inner gardens and the property itself are continuously maintained, so the whole complex feels almost brand new. Residents can enjoy unlimited use of the gym, sauna, and underground garage, with two elevators per staircase. The apartment is on the 8th (top) floor of the central building. There are only three other apartments on this level, none of which share a wall with this unit. The windows overlook a leafy inner courtyard, while the terrace offers panoramic views stretching from City Park (Városliget) to the Citadella (Statue of Liberty on Gellert Hill). The 92 sqm property underwent a complete renovation in 2024. Designed by an interior architect, the apartment has a truly unique and special atmosphere. Many clever solutions and premium materials make it stand out: new windows and doors, solid wood herringbone parquet flooring, custom-built storage units, wardrobes, and bookshelves, a bespoke kitchen, designer lighting, carefully selected furniture, textiles, and fittings. The apartment consists of a bright living room with an open-plan kitchen and dining area, one main bedroom, a guest bedroom (which also doubles as a walk-in wardrobe and home office), a bathroom, and a separate guest toilet. The 9 sqm terrace connects seamlessly with the living area through large glass doors, becoming an integral part of the home from spring to autumn. Naturally, the apartment is fully air-conditioned and secured with an alarm system and reinforced entrance door. It comes fully furnished, decorated, and equipped with appliances. At the buyer’s request, it can be purchased exactly as shown in the photos, with all fittings and furniture included, based on a separate agreement with seller. The running costs of the apartment are particularly low: the monthly common cost is 58,000 HUF, which covers the reception service, shared expenses, heating, hot water, cleaning, and use of the gym and sauna. The building also has a secure underground garage. Although the apartment does not have its own parking space, the current rented space can be taken over or a private one can be purchased separately. For more information, or to schedule a viewing, please feel free to contact us.

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Budapest
Budapest | Budapest

3D Street View Tour

Map showing Budapest, Szinyei Merse u, Hungary, Budapest, Budapest, Hungary.

Property Location

Budapest, Szinyei Merse u, Hungary, Budapest, Budapest, Hungary., Budapest Budapest

Local Weather & Climate

Budapest, Budapest

Current Conditions Updated recently
43 °F
Broken clouds
Feels Like 38°F
Humidity 84%
Wind 8 mph
Visibility 6.2 mi
Sunrise 6:02 AM
Sunset 3:53 PM
5-Day Forecast
Sat 7 Feb
Clouds
High 45°
Low 42°
Sun 8 Feb
Clouds
High 46°
Low 39°
Mon 9 Feb
Clouds
High 46°
Low 40°
Tue 10 Feb
Clouds
High 42°
Low 37°
Wed 11 Feb
Clouds
High 41°
Low 36°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Budapest?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

$
%
$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Budapest. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $197,000,000 20% down ($39,400,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$16,928
$16,928/day
Your home may appreciate while you sleep
$118,823/week $514,898/mo $6,178,780/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$108.4M
vs
OWN 📈 +$153.8M
$153.8M Potential Equity
vs $108.4M lost to rent over 10 years
$39.4M Down Payment Growth
3.9x
10yr
$153.8M
8.1x
20yr
$318.4M
12.6x
30yr
$497.5M
Wealth Comparison
×1,185
Equivalent to 1,185 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $497.5M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $232.0M +18%
Market $268.3M +36%
Optimistic $309.6M +57%
$153.8M est. equity
20 Years
Conservative $273.2M +39%
Market $365.3M +85%
Optimistic $486.5M +147%
$318.4M est. equity
30 Years
Conservative $321.8M +63%
Market $497.5M +153%
Optimistic $764.5M +288%
$497.5M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at Budapest, Szinyei Merse u, Hungary, Budapest, Budapest, Hungary features 2 bedrooms and 1 bathroom with 991 square feet of living space.
This property offers 991 square feet of living space.
This property is listed at $19,700,000,000, which equals $19878910 per square foot.
Based on current market indicators, Budapest shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Budapest, Budapest. The property is situated in an established neighborhood with convenient access to local amenities and services.
Norbert Stahl

Norbert Stahl

Metropolitan Homes Budapest

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